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§ 701.2. Purpose

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 58 P.S. Oil and GasEffective: July 11, 2006

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 58 P.S. Oil and Gas (Refs & Annos)
Chapter 12. Dormant Oil and Gas Act
Effective: July 11, 2006
58 P.S. § 701.2
§ 701.2. Purpose
The purpose of this act is to facilitate the development of subsurface properties by reducing the problems caused by fragmented and unknown or unlocatable ownership of oil and gas interests and to protect the interests of unknown or unlocatable owners of oil and gas. It is not the purpose of this act to vest the surface owner with title to oil and gas interests that have been severed from the surface estate.

Credits

2006, July 11, P.L. 1134, No. 115, § 2, imd. effective.
58 P.S. § 701.2, PA ST 58 P.S. § 701.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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